SEC Form 4 · accession 0001179110-16-032895
FASTENAL CO · FAST
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Reyne K Wisecup
Officer — Executive Vice President · Director
Period of report
Dec 12, 2016
Accepted (ET)
Dec 13, 2016 · 5:59 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000815556
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Dec 12, 2016 | M | 50,000 | $35.00 | A | 60,000 | D | |
| Common StockF2 | Dec 12, 2016 | S | 50,000 | $48.9797 | D | 10,000 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (Right to Buy)F1 | $35.00 | Dec 12, 2016 | M | 50,000 | D | — | May 31, 2017 | Common Stock | 50,000 | 0 | D |
Explanation of responses
- F1The option will fully vest and become exercisable over a period of five years, with 50% vesting and becoming exercisable half way through the relevant vesting period and remainder vesting and becoming exercisable incrementally (20%, 20% and 10%) on each year thereafter.
- F2Shares jointly owned with reporting person's spouse.